Skip to content
Beacon
Screener

TLT vs SCHQ

iShares 20+ Year Treasury Bond ETF vs Schwab Long-Term U.S. Treasury ETF

TLT

iShares 20+ Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$42.9B

SCHQ

Schwab Long-Term U.S. Treasury ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$897M

Key differences

  • SCHQ costs 0.12% less per year.
  • TLT is significantly larger than SCHQ — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SCHQ has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TLTSCHQ
Annual cost (TER)0.15%0.03%
Fund size (AUM)$42.9B$897M
Since20022019
Dividend yield4.57%4.76%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.4%+5.6%
CAGR 3Y-2.3%-1.3%
CAGR 5Y-6.1%-5.1%
Sharpe 3Y-0.35-0.31
Volatility 1Y9.95%9.07%
Max drawdown-48.35%-46.13%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TLT and SCHQ